Pari-Mutuel Betting Supervision Regulations
Version of section 115 from 2011-08-19 to 2017-02-01:
115 (1) If a pay-out price is less than $1.05, an association shall, at its expense, pay not less than $1.05 per dollar bet to each holder of a winning bet.
(2) Subsection (1) does not apply if the winning bet results from a refund in accordance with sections 106 to 110.
- SOR/2011-169, s. 64
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